Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn

NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a New York City based real estate private equity firm focused on debt and equity investment strategies, today announced it has provided $53 million in construction financing to Heritage Equity Partners, led by Toby Moskovits and Michael Lichtenstein, for a 150-unit ground-up multifamily development located at 875 4th Avenue between 32nd and 33Read More…

COVID-19 Claims 17 more lives, infects 778 others

Karachi, January 19, 2021 (PPI-OT): Sindh Chief Minister Syed Murad Ali Shah has said that 17 more patients died overnight lifting the death toll to 3,830 and 778 new cases emerged when 11,208 samples were tested. A statement issued here from CM house on Tuesday, he said that 17 more patients lost their lives overnight lifting the death toll to 3,830 that constituted 1.6 percent death rate. Mr Shah said that 11,208 sRead More…

Jam Ikramullah Dharejo urges establishment of industries in Larkana Industrial Zone

Karachi, January 19, 2021 (PPI-OT): Provincial Minister for Industries and Commerce and Anti-Corruption and Cooperative Department Jam Ikramullah Dharejo has said that PPP Chairman Bilawal Bhutto Zardari would inaugurate Larkana Industrial Zone on January 22. It is hoped that the establishment of Larkana Industrial Zone will provide decent employment to the people of the area and bring prosperity, he said while talkiRead More…

Pakistan Air Force Skiers steal the show at 15th Shah Khan Alpine Ski Cup 2021

Islamabad, January 19, 2021 (PPI-OT): The winter sports season kicked off at the picturesque valley of Naltar on Tuesday with enthusiastic skiers from all over Pakistan reaching at the PAF Ski Resort, Naltar. According to a press release of Pakistan Air Force (PAF) skiers proved their dominance on the opening day, as they clinched 5 medals in the 15th Shah Khan Alpine Ski Cup, being held in freezing temperatures.
In Read More…

There is no room for agitational politics: Usman Buzdar

Lahore, January 19, 2021 (PPI-OT): Chief Minister Punjab Sardar Usman Buzdar has said the PDM has been badly exposed to the people. In a statement, the CM said the untimely agitational drive of the opposition is an exercise in futility. The agitators striving to obstruct the development process have been badly exposed.
Now, these elements will continue to bewail while Pakistan will move forward under the strong leadeRead More…

Parliamentarians call on Chief Minister Punjab

Lahore, January 19, 2021 (PPI-OT): Amir Talal Gopang MNA and Syed Muhammad Sibtain Raza MPA met with Chief Minister Punjab Sardar Usman Buzdar at his office on Tuesday and apprised him about the problems of their constituencies. The CM assured to early solve their problems and reiterated that the journey of composite development and prosperity will be spread to backward localities. The government has followed a policRead More…

Opposition will not get anything except humiliation: SACM

Lahore, January 19, 2021 (PPI-OT): The political antics of the PDM leadership are a slap on their faces as the opposition has no other issue to play with. This was stated by Special Assistant to CM on Information Dr Firdous Ashiq Awan in a statement issued on Tuesday. While criticising the ludicrous political approach of the opposition towards national politics, the SACM maintained the opposition parties’ hocus-pocRead More…

Punjab Chief Minister chairs Parliamentarians Meeting at Sahiwal

Lahore, January 19, 2021 (PPI-OT): Chief Minister Punjab Sardar Usman Buzdar chaired a marathon meeting of provincial ministers, parliamentarians and ticket-holders at commissioner’s office Sahiwal on Tuesday to deliberate upon the development plans. Addressing the meeting, the CM maintained the agenda of opposition parties is contrary to national interests and those involved in the politics of anarchy are, in factRead More…

New Chinese Ambassador to Pakistan calls on Secretary Planning Development and Special Initiatives Mathar Niaz Rana

Islamabad, January 19, 2021 (PPI-OT): Mr. Nong Rong the new Chinese Ambassador to Pakistan called on the Secretary Planning Development and Special Initiatives Mathar Niaz Rana here in Islamabad on Tuesday. Matters related to bilateral relations projects under China Pakistan Economic Corridor and progress of upcoming 10th JCC came under discussion. Additional Secretary Planning and senior officials attended the meetiRead More…

Monetary Policy Announcement

Karachi, January 19, 2021 (PPI-OT): The Monetary Policy Committee of SBP will meet on Friday, January 22, 2021 at SBP Karachi to decide about Monetary Policy. Governor State Bank of Pakistan, Dr. Reza Baqir, will give a press conference on the same day after the MPC meeting.
For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +9Read More…